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MIAMI (Reuters) - A new TV network joint venture between ABC News and Univision News, targeting the young and fast-growing Hispanic market in the United States, will begin broadcasting out of Miami in late summer of 2013, company officials announced on Wednesday. The two companies are investing $275 million in the new English-language news and lifestyle network, which will create about 350 jobs, Cesar Conde, president of Univision Networks, told a luncheon of Miami business leaders also attended by Florida Governor Rick Scott. ...

The yet-unnamed cable channel is expected to debut during the first half of 2013 and will target the fast growing and increasingly desirable Latino audience.Speaking the language of the fast growing and increasingly desirable Latino audience, Walt Disney Co.'s ABC News and Univision Communications are teaming up to launch a 24-hour English-language news network.

Spanish-language broadcaster Univision and ABC News are launching a new English-language cable news and entertainment channel called Fusion on Monday night at 7 p.m. Eastern time. The channel is aimed at young English-speaking Hispanics.

The joint venture will create a multi-platform news service for English-speaking Hispanics. The venture will feature a 24/7 cable channel, as well as digital media platforms.» E-Mail This » Add to Del.icio.us